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Hard work and diligent savings may have provided you with substantial assets that are worth your effort to protect thoughtfully. Planning for distribution of your assets after death through a will and/or trust is a lynchpin of any asset protection plan. However, these are not the only ways to protect financial assets, real estate, investments, and other accumulated wealth. Avalon Legal Group in Las Vegas helps individuals and families explore options for protecting property during and after one’s lifetime.
If you start a business, you should consult with a lawyer about how to protect your personal assets from business losses and liabilities. Choosing the most advantageous business entity is one way. Putting personal assets in a living trust is another way. Trusts and joint ownership structures can also allow for a smooth transfer of ownership of your personal property after your death.
Other powerful asset protection tools include family businesses, family charities, nonprofit organizations and foundations.
Our attorneys can help you devise methods for protecting assets while you are living, as well as dividing future assets among children and other intended beneficiaries.
A detailed inventory of your current and projected assets is a first step toward determining how best to protect them. With the help of one of our asset protection lawyers, Avalon Legal Group can provide the information and options you are looking for to protect:
For example, you may decide to put stocks and bonds in one child’s name and set up a special-needs trust for another son or daughter.
A robust asset protection plan should ideally dovetail with your estate plan, business organization, and personal property protection such as through insurance. Asset protection is not a simple matter when assets are complex. The asset protection planning and implementation process may be detailed, but the goal is worthwhile. Consider the benefits and peace of mind a coordinated plan can provide. Avalon Legal Group is here to provide this peace of mind by guiding you through careful planning.
Avalon Legal Group is a full-service law firm based in Las Vegas with attorneys licensed to practice law in Nevada, California, and Illinois. Our office has extensive experience representing clients in Las Vegas, Clark County, and throughout Nevada, including Summerlin, Henderson, Spring Valley, North Las Vegas, Boulder City, and Reno.
What sets us apart is our commitment to personalized service. When you work with Avalon, you work directly with experienced counsel. Our attorneys also speak Spanish and Russian, allowing us to serve a diverse range of clients with confidence and care. We combine legal knowledge, courtroom skill, and a wide area of expertise to achieve success for our clients.
Contact us today for a free consultation at (702) 522-6450 or complete an email intake form. Se habla español.
Our attorneys are licensed to practice law in multiple states: Nevada, California, and Illinois. Our office has extensive experience representing clients in Las Vegas, Clark County, and throughout Nevada, including Summerlin, Henderson, Spring Valley, North Las Vegas, Boulder City, and Reno.
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